Tata Power Company Ltd rose for a third straight session today. The stock is quoting at Rs 369.15, up 1.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77055.77, up 0.43%. Tata Power Company Ltd has dropped around 12.3% in last one month.
Meanwhile, Nifty Energy index of which Tata Power Company Ltd is a constituent, has dropped around 5.92% in last one month and is currently quoting at 33821.2, up 1.18% on the day. The volume in the stock stood at 40.89 lakh shares today, compared to the daily average of 95.49 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 370.7, up 1.22% on the day. Tata Power Company Ltd is up 5.83% in last one year as compared to a 8.08% gain in NIFTY and a 1.81% gain in the Nifty Energy index.
The PE of the stock is 37.45 based on TTM earnings ending September 24.